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VW says it will invest $106 billion chasing Toyota for global sales lead

2014-11-21 15:03:13| Automakers - Topix.net

Volkswagen Group will keep pouring money into new vehicles, technology and factories as it chases Toyota Motor Corp. for the lead as world's largest automaker. The automaker plans to invest $106 billion over the next five years, Europe's biggest manufacturer of cars, vans and trucks said today in a statement .

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